The US Dollar is not dead yet! During early European trading sessions, the US Dollar rebounded to a two-month high against the Euro. Furthermore, the Asian currencies have shown marked losses. This year-end rally of the dollar shows amazing strength and resiliency of the US economy. As forex traders, we all know the volatility of the foreign exchange market. The need to lock in profit and announcements of key economic indicators could provide additional boosts for the dollar in the week ahead. Stay tuned to the forex trading digest as we ride the forex wave into the new year.
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